It's essential to stay adaptable, continuously learn, and improve your underwriting process to avoid surprises and maximize financing opportunities.In summary, evaluating deals requires a deep understanding of underwriting templates and loan types.

Probably 2bdr.Make sure you're comfortable with the numbers before diving in too deep.

I regret driving past so many of these developments over the years and not having paid closer attention. 

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $3,975,000

Cash invested: $1,025,000

FIXER UPPER-Chateau Montclair sits on almost 6 acres & overlooks a 10 acre...

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $3,975,000

Cash invested: $1,025,000

FIXER UPPER-Chateau Montclair sits on almost 6 acres & overlooks a 10 acre...

This usually happens when deep digging into transaction occurs,  just before the loan closure. 

I came here for the deep well of knowledge and experience that members of this community have.

Vinyl siding limited trim and finish work  builder grade cabs and appliances.. they were basically just big box's on larger lots and thats what is driving the price.. 

I assume these production companies have started their own financing companies and have deep pocket investors with them.We are still busy, when other companies are not, but if we were able to do our own long term financing at a lower rate than the banks than we would only be a stronger company.

It's easy to see when you drive around, but you can also just filter for homes under 150k on any real estate website and you get an outline of those areas.